curator
Administrator
Diamond Bank Plc (DIAMONDB), a Nigerian lender, put plans to raise debt capital on hold amid concern that a reduction in Federal Reserve stimulus, which drove cash into emerging markets, may cause price volatility.
While the U.S. central bank kept its $85 billion in monthly debt purchases unchanged in October, there’s speculation of a reduction in asset buying in the first quarter of 2014, Chief Executive Officer Alex Otti said during a conference call in Lagos, the commercial capital.
Source: Bloomberg
Read more:
http://www.bloomberg.com/news/2013-...-nigeria-suspends-debt-plans-on-stimulus.html
While the U.S. central bank kept its $85 billion in monthly debt purchases unchanged in October, there’s speculation of a reduction in asset buying in the first quarter of 2014, Chief Executive Officer Alex Otti said during a conference call in Lagos, the commercial capital.
Source: Bloomberg
Read more:
http://www.bloomberg.com/news/2013-...-nigeria-suspends-debt-plans-on-stimulus.html
